SDI LIMITED — Director's Dealing 2003

Apr 27, 2003

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity: SDI Limited
ABN: 27 008 075 581

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony John Bardsley
Date of last notice	4 February 2002

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.
Date of change	21 April 2003
No. of securities held prior to change	134,000
Class	Ordinary
Number acquired
Number disposed	22,122
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	22,122 Shares, $110,610
No. of securities held after change	111,878

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of On-market tradeoptions, issue of securities under dividend reinvestment plan,participation in buy-back

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contractin relation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation
Interest after change

÷ See chapter 19 for defined terms.